Ourspace raises $2.5 million to redesign cross-functional teams

This post is by Anamaria Iuga from Seedcamp

Team is everything when it comes to the success of high-growth tech companies. We’ve seen first-hand examples where companies have failed because they didn’t find the right people-problem fit. Moreover, tech companies experience the second-highest turnover rates of all industries, an expensive and destabilizing problem for senior leaders to tackle. 

This is why we are excited to back Ourspace, a collaborative team design platform that offers a scalable and data-enriched solution to help leaders make smarter organization design decisions. 

Founded earlier this year by three tech veterans, Megan Murphy (former VP of Product at Hotjar), Stephanie Bowker (former VP of Marketing at Spendesk) and Mark Allen (former Senior Engineering Manager at Glovo) – who bonded over their shared challenges to proactively restructure and align their teams at scale with no solution to design their organizations through a people-centric and business outcome lens – Ourspace operates fully remote out of Barcelona, Paris, London & Munich.

“Tech leaders today face a big problem: they have talented people on their teams, but how they should be distributed and how to keep them engaged and aligned is currently a manual, biased and costly decision process,” highlights co-founder and CEO, Megan Murphy. 

“With the stakes so high, we ask ourselves, why are there 20+ products to design fantasy sports teams in a matter of minutes, yet most companies – whose businesses are built by teams – have nothing even remotely that effective to offer their leaders and teams?” Murphy questions. 

Ourspace offers tech leaders (Read more...)